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NOTES PAYABLE (Tables) | 9 Months Ended
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Sep. 30, 2023
NOTES PAYABLE |
Schedule of advances, rate, and maturities of FHLB advances | The advances, rate, and maturities of FHLB advances were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | ​ |  | September 30, |  | December 31,
​ | ​ | Maturity | ​ | Rate | ​ | 2023 | ​ | 2022
Fixed rate, fixed term | ​ | 06/01/2023 | ​ | 1.79% | ​ | $ | — | ​ | $ | 807
Fixed rate, fixed term | ​ | 11/21/2023 | ​ | 3.06% | ​ | ​ | 600 | ​ | ​ | 600
Fixed rate, fixed term | ​ | 03/23/2026 | ​ | 4.02% | ​ | ​ | 10,000 | ​ | ​ | —
Fixed rate, fixed term | ​ | 05/26/2026 | ​ | 1.95% | ​ | ​ | 5,000 | ​ | ​ | —
Fixed rate, fixed term | ​ | 03/23/2027 | ​ | 3.91% | ​ | ​ | 10,000 | ​ | ​ | —
Fixed rate, fixed term | ​ | 03/23/2028 | ​ | 3.85% | ​ | ​ | 10,000 | ​ | ​ | —
Fixed rate, fixed term | ​ | 04/22/2030 | ​ | 0.00% | ​ | ​ | 508 | ​ | ​ | 508
​ | ​ | ​ | ​ | ​ | ​ | ​ | 36,108 | ​ | ​ | 1,915
Adjustment due to purchase accounting | ​ | ​ | ​ | ​ | ​ | ​ | (261) | ​ | ​ | 14
​ | ​ | ​ | ​ | ​ | ​ | $ | 35,847 | ​ | $ | 1,929
​
Schedule of future maturities of borrowings | Future maturities of borrowings were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | September 30, |  | December 31,
​ | ​ | 2023 | ​ | 2022
1 year or less | ​ | $ | 600 | ​ | $ | 1,407
1 to 2 years | ​ |  | — | ​ |  | —
2 to 3 years | ​ |  | 15,000 | ​ |  | —
3 to 4 years | ​ |  | 10,000 | ​ |  | —
4 to 5 years | ​ |  | 10,000 | ​ |  | —
Over 5 years | ​ | ​ | 508 | ​ | ​ | 508
​ | ​ | $ | 36,108 | ​ | $ | 1,915
​ As of September 30, 2023, the Company had borrowing availability at the FHLB totaling $773.6 million in addition to the existing borrowings noted in the tables above. ​

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